AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) Short Interest Down 50.0% in February

AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSHGet Free Report) was the recipient of a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 51,800 shares, a decline of 50.0% from the February 13th total of 103,700 shares. Currently, 2.8% of the shares of the company are short sold. Based on an average trading volume of 56,900 shares, the days-to-cover ratio is currently 0.9 days.

AdvisorShares Dorsey Wright Short ETF Stock Down 1.8 %

Shares of DWSH traded down $0.14 during mid-day trading on Friday, hitting $7.46. 84,502 shares of the company traded hands, compared to its average volume of 32,758. The stock has a 50-day moving average price of $7.07 and a two-hundred day moving average price of $7.18. AdvisorShares Dorsey Wright Short ETF has a 1 year low of $6.66 and a 1 year high of $7.77.

AdvisorShares Dorsey Wright Short ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.4339 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in AdvisorShares Dorsey Wright Short ETF stock. Raymond James Financial Inc. acquired a new stake in shares of AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSHFree Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 108,449 shares of the company’s stock, valued at approximately $762,000. Raymond James Financial Inc. owned about 5.77% of AdvisorShares Dorsey Wright Short ETF as of its most recent SEC filing.

AdvisorShares Dorsey Wright Short ETF Company Profile

(Get Free Report)

The AdvisorShares Dorsey Wright Short ETF (DWSH) is an exchange-traded fund that is based on the Russell 3000 index. The fund is actively managed to achieve long-term capital appreciation by shorting US-listed large-cap companies exhibiting weak relative strength. DWSH was launched on Jul 10, 2018 and is managed by AdvisorShares.

Further Reading

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